Скачать или смотреть How Is Rent-Seeking Defined In Public Choice?

Unpack the complex world of economic behavior as we define rent-seeking within the powerful lens of public choice theory. This video clarifies how individuals and groups might seek to increase their wealth without creating new value, but rather by manipulating the existing economic or political environment.

In this illuminating discussion, you'll discover:
► A clear and concise definition of rent-seeking, distinguishing it from legitimate profit-making activities.
► The core tenets of public choice theory and how it applies to understanding political decision-making around economic rents.
► Real-world examples illustrating various forms of rent-seeking, from lobbying for subsidies to restrictive licensing.
► The significant economic inefficiencies and societal costs that arise from widespread rent-seeking behaviors.
► Why understanding rent-seeking is crucial for analyzing government policy, market structures, and overall economic welfare.


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